GTAT ▪ February 19

A new report claims that Apple is in talks with Japan Display to help finance an LCD display factory in Ishikawa next year. The exact details of the agreement are still in flux, but Apple is said to be considering an investment of somewhere around 200 billion yen (or just under $1.7 billion).

The factory would churn out the same types of low-temperature polycrystalline silicon displays that are currently used in the iPhone 6 and 6 Plus. Japanese news sources also say the factory could eventually be repurposed to build OLED panels like those found in the Apple Watch—and possibly in future iPhones. The factory’s output wouldn’t be exclusive to Apple’s devices, however, as the deal currently allows JDI to sell its wares to competitors.

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GTAT ▪ February 2

Following the October surprise bankruptcy filed by GT Advanced Technologies—a key sapphire supplier for the iPhone—Apple today announced plans to invest $2 billion over the next 30 years in the failed plant. The Mesa, Arizona-located plant will become the central command center for its various data centers around the globe.

“We’re proud to continue investing in the U.S. with a new data center in Arizona, which will serve as a command center for our global networks,” Kristin Huguet, a spokeswoman for Cupertino, California-based Apple, wrote in an e-mailed statement on Monday. “This multibillion-dollar project is one of the largest investments we’ve ever made.”

Shortly after the bankruptcy announcement from GT Advanced Technologies, Apple described the decision as surprising while adding that the company would focus on job preservation. expand full story

GTAT ▪ December 15, 2014

GTAT ▪ December 2, 2014

Following a report late last month that creditors of bankrupt sapphire supplier GT Advanced Technologies won a court order to get a look at sensitive Apple documents, now GT’s creditors are requesting a deposition of Apple executive Jeff Williams. The Wall Street Journal reports: expand full story

GTAT ▪ November 19, 2014

sapphire lol

Photo via WSJ

The Wall Street Journal has revealed key details of the failed deal between Apple and sapphire supplier GT Advanced Technologies that show why the agreement collapsed and how GT managed to run itself into bankruptcy while trying to meet Apple’s standards.

A previous report from the Journal revealed that GTAT had been unable to provide the iPhone 6 displays it had promised Apple, but now we have even more information on why that demand was so hard to meet.

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GTAT ▪ October 29, 2014

While lawyers for bankrupt sapphire supplier GT Advanced confirmed previously that it had reached an agreement to repay Apple approximately $439 million, many details regarding what exactly went wrong in the partnership had not been disclosed publicly. Today we get what might be the clearest explanation yet of what happened between the two companies leading up to GTAT filing for Chapter 11 bankruptcy last month.  In a declaration filed by COO of GT Advanced Daniel Squiller with the courts yesterday (via Fortune), the company outlines previously sealed info regarding its deal with Apple and terms of the deal that lead to GT’s bankruptcy filing.

When GTAT initially entered into negotiations to sell sapphire furnaces to Apple, it had no sense that, having borrowed hundreds of millions of dollars to pay for the components of more than 2,036 sapphire furnaces, it would end up being unable to meet its cost and production targets for reasons that it believes were beyond its control as well as unforeseen difficulties in scaling its technology to 262kg boules to meet evolving product specifications.

While noting that the deal was “an ambitious transaction for the production of sapphire in quantities, size and quality never before achieved,” the document reveals a number of strict terms Apple imposed in the deal that the company describes as limiting its ability to achieve Apple’s requirements for sapphire production. Here’s a few of the more interesting bits: expand full story

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